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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

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'Every fraction of warming matters': Top scientists warn of irreversible climate impacts

GreenBiz

Another landmark report by the Intergovernmental Panel on Climate Change provides stark warnings but stresses that rapidly putting the global economy on course to net-zero emissions by 2050 could hugely reduce escalating impacts.

Net Zero 446
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Climate Action 100+ Net Zero Company Benchmark Shows Continued Progress on Ambition Contrasted by a Lack of Detailed Plans of Action

3BL Media

Updated and more ambitious Benchmark used to assess focus companies on their net zero transition plans. Benchmark assessments are a cornerstone of Climate Action 100+ and are intended to help inform investors’ engagement strategies and wider public debate. C remains possible due to the growth of clean energy technologies.

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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.

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Achieving Net-Zero Is More Than Setting Targets

3BL Media

Now, almost 2,900 are on track to reach the targets set by SBTi for how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. At this point, the question is not whether major companies will commit to net-zero emissions, but how they plan to achieve this target.

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Net Zero Action Depends on Public-Private Cooperation

Chris Hall

Investors have made pledges towards net zero, they are taking action by engaging with companies, and are increasingly vocal and responsible stewards of the capital they manage. Addressing system-level risks and considering climate goals is not only permitted but may be required by existing investor duties and obligations.

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Deloitte: Policy Action, Investment in Workforce Required to Tap $43 Trillion Net Zero Transition Opportunity

ESG Today

The new Deloitte Center for Sustainable Progress report, “Work toward net zero: The rise of the Green Collar workforce in a just transition,” presents a detailed look at the impacts of decarbonization, with a particular focus on the workforce., ” Click here to access the Deloitte report.